Recent Bitcoin on-chain indicators point to a potential bullish shift, as highlighted by Coinotag. The Bid-to-Ask Ratio has risen to 0.2, indicating increased buyer interest, while the Bubble Index remains low at 13.46, suggesting room for growth. Bitcoin's market dominance stands at 59.1%, attracting liquidity despite long-term holders selling, which has created temporary pressure. The cryptocurrency is currently consolidating between $101,000 and $103,000.
Bitcoin On-Chain Metrics Indicate Potential Bullish Trend
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